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She said: "SPEED Plus at Keele University will help turn an idea or hobby into a real business that can fit in around home and work commitments. It might even become a full-time career and completely change someone's lifestyle and quality of life.

"Whatever the skill, hobby or talent, we can help to turn it into a business.

"The great news is that applicants don't have to have a background in business, and don't even need to be a graduate of Keele University.

"As long as they are an EU citizen and a graduate of any university, however long ago it may be, and are living in the West Midlands, then they are eligible to apply."

SPEED Plus focuses on turning ideas into saleable products or services. Those on the course attend a series of eight workshops which guide them in the basics of running a business. Graduates are also given one-to-one support with a business expert and lots of networking opportunities.

A free weekend residential event is included in the six-month programme, as well as a grant of £1,500.

SPEED Plus is a £4.2 million project which also runs as Birmingham City University, Coventry University, Staffordshire University and Wolverhampton University.

The programme was launched in July 2012 and aims to create 600 new businesses in the West Midlands by July 2015.

Dee added: "This will be the final intake for SPEED Plus, so its vital people don't miss out on this amazing opportunity.

"Anyone who is interested in starting this fantastic journey to a new way of life and developing lifelong transferable skills should not delay and apply to SPEED Plus."

Additional information, contact details and application forms are available online at the Keele website and also on the KeeleUniversityStudentEnterprise Facebook page.

The deadline for applications is June 2 with inductions due to take place on June 17 and 18. The eight business development workshops will run from October to December.